Translation
Notice: This English version is a translation of the original Japanese document and is only for reference purposes. In the case where any differences occur between the English version and the original Japanese version, the Japanese version will prevail.
August 12, 2021
CONSOLIDATED FINANCIAL RESULTS for the First Three Months of the
Fiscal Year Ending March 31, 2022
Company name: | TOMY COMPANY, LTD. | |
Listing: | First Section of the Tokyo Stock Exchange | |
Securities identification code: | 7867 | |
URL: | www.takaratomy.co.jp | |
Representative: | Kazuhiro Kojima, Representative Director, President & COO | |
Inquiries: | Goshiro Ito, | |
Head of Corporate Administrations | ||
TEL: +81-3-5654-1548 (from overseas) | ||
Scheduled date to file quarterly securities report: | August 13, 2021 | |
Scheduled date to commence dividend payments: | - | |
Supplementary material on quarterly financial results: | No | |
Quarterly financial results presentation meeting: | Yes (for institutional investors and analysts) |
(in millions of yen with fractional amounts discarded, unless otherwise noted)
1. Consolidated performance for the first three months of the fiscal year ending March 31, 2022 (From April 1, 2021 to June 30, 2021)
(1) Consolidated operating results (cumulative)
Profit attributable to | ||||||||||||
Net sales | Operating profit | Ordinary profit | owners of parent | |||||||||
Three months ended | Millions of | % | Millions of | % | Millions of | % | Millions of | % | ||||
yen | yen | yen | yen | |||||||||
June 30, 2021 | 35,058 | 30.8 | 2,148 | - | 2,144 | - | 3,009 | - | ||||
June 30, 2020 | 26,809 | (24.0) | (583) | - | (656) | - | (1,174) | - | ||||
Note: | Comprehensive income | ||||
Three months ended June 30, 2021: | 2,769 million yen | (-%) | |||
Three months ended June 30, 2020: | (1,321) million yen | (-%) | |||
Basic earnings | Diluted earnings | ||||
per share | per share | ||||
Three months ended | yen | yen | |||
June 30, 2021 | 32.18 | 32.17 | |||
June 30, 2020 | (12.44) | - | |||
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(2) Consolidated financial position
Total assets | Net assets | Equity ratio | Net assets per share | |||
As of | Millions of yen | Millions of yen | % | yen | ||
June 30, 2021 | 151,063 | 71,304 | 46.9 | 760.98 | ||
March 31, 2021 | 147,614 | 69,928 | 47.1 | 742.45 | ||
Reference: | Equity | |||||
As of June 30, 2021: | 70,890 million yen | |||||
As of March 31, 2021: | 69,534 million yen |
2. Cash dividends
Annual dividends | ||||||
First quarter-end | Second quarter-end | Third quarter-end | Year-end | Total | ||
yen | yen | yen | yen | yen | ||
Fiscal year ended | - | 7.50 | - | 10.00 | 17.50 | |
March 31, 2021 | ||||||
Fiscal year ending | - | |||||
March 31, 2022 | ||||||
Fiscal year ending | ||||||
March 31, 2022 | 10.00 | - | 10.00 | 20.00 | ||
(Forecast) | ||||||
Note: | Revisions to the cash dividend forecasts most recently announced: None |
3. Consolidated earnings forecasts for the fiscal year ending March 31, 2022
(From April 1, 2021 to March 31, 2022)
Profit attributable to | Basic | |||||||||
Net sales | Operating profit | Ordinary profit | earnings | |||||||
owners of parent | ||||||||||
per share | ||||||||||
Millions | Millions | Millions | Millions | |||||||
of | % | of | % | of | % | of | % | yen | ||
yen | yen | yen | yen | |||||||
Six months ending | 75,000 | 18.7 | 4,700 | 155.4 | 4,500 | 177.4 | 4,000 | 674.6 | 42.78 | |
September 30, 2021 | ||||||||||
(cumulative) | ||||||||||
Fiscal year ending | 155,000 | 9.8 | 8,000 | 13.0 | 7,600 | 6.0 | 6,500 | 20.9 | 69.52 | |
March 31, 2022 | ||||||||||
Note: Revisions to the consolidated earnings forecasts most recently announced: Yes |
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- Notes
- Changes in significant subsidiaries during the three months under review (changes in specified subsidiaries resulting in the change in scope of consolidation): None
-
Application of specific accounting for preparing quarterly consolidated financial statements: Yes
Note: For more details, please refer to the section of "(4) Notes Regarding Consolidated Financial
Statements, (Application of specific accounting for preparing quarterly consolidated financial statements)" of "2. Consolidated Financial Statements and Significant Notes Thereto" on page 16 of the attached material. - Changes in accounting policies, changes in accounting estimates, and restatement
- Changes in accounting policies due to revisions to accounting standards: Yes
- Changes in accounting policies due to other reasons: None
- Changes in accounting estimates: None
- Restatement: None
Note: For more details, please refer to the section of "(4) Notes Regarding Consolidated Financial Statements, (Changes in accounting policies)" of "2. Consolidated Financial Statements and Significant Notes Thereto" on page 16 of the attached material.
-
Number of issued shares (common shares)
A. Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2021 | 96,290,850 shares |
As of March 31, 2021 | 96,290,850 shares |
- Number of treasury shares at the end of the period
As of June 30, 2021 | 3,134,764 shares |
As of March 31, 2021 | 2,634,292 shares |
- Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2021 | 93,502,437 shares |
Three months ended June 30, 2020 | 94,376,180 shares |
- Quarterly financial results reports are exempt from quarterly reviews conducted by certified public accountants or audit corporation.
-
Proper use of earnings forecasts, and other special matters
Regarding future forecasts, please refer to "(3) Explanation of Consolidated Earnings Forecasts and Other Forward-lookingStatements," under "1. Qualitative Information Regarding Consolidated Operating Results," on page 9.
A financial results presentation meeting for institutional investors and analysts will be held via telephone conference on August 12, 2021.
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[Attached Material] | ||
Explanation of Operating Results ................................................................................................ | ||
(2) | Overview of Financial Position.................................................................................................... | 9 |
(3) | Explanation of Consolidated Earnings Forecasts and Other Forward-looking Statements.......... | 9 |
2. | Consolidated Financial Statements and Significant Notes Thereto............................................... | 10 |
(1) | Consolidated Balance Sheet ....................................................................................................... | 10 |
(2) | Consolidated Statement of Income and Consolidated Statement of Comprehensive Income ... | 12 |
(Consolidated statement of income) .............................................................................................. | 12 | |
(Consolidated statement of comprehensive income) ..................................................................... | 13 | |
(3) | Consolidated Statement of Cash Flows...................................................................................... | 14 |
(4) | Notes Regarding Consolidated Financial Statements ................................................................ | 16 |
(Notes regarding assumption of going concern)............................................................................ | 16 | |
(Notes on significant changes in the amount of shareholders' equity).......................................... | 16 | |
(Application of specific accounting for preparing quarterly consolidated financial statements) .. | 16 | |
(Changes in accounting policies)................................................................................................... | 16 | |
(Additional information) ............................................................................................................... | 16 | |
(Consolidated statement of income) .............................................................................................. | 17 | |
(Segment information)................................................................................................................... | 18 |
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1. Qualitative Information Regarding Consolidated Operating Results
-
Explanation of Operating Results
(Highlights of First Three Months of the Fiscal Year Ending March 31, 2022)
(Impacts etc. of the novel coronavirus disease (COVID-19))
A declaration of third state of emergency was reissued in some regions including Tokyo in April, and there are concerns about the lingering effect of the trend of restrictions on consumers' outings. For the TOMY Group, the retail business, such as KIDDY LAND and TOMICA Shop and PLARAIL Shop, and the event business including TOMICA EXPO and PLARAIL EXPO were affected by continuous factors such as the postponement of movie releases, and the cancellation, postponement, and the scaling-down of various events.
The TOMY Group implemented measures to prevent the spread of infections, including continuing remote working to drastically reduce instances of employees leaving their homes and attending workplaces, as well as continuing to prohibit external business meal meetings and both overseas and domestic business trips in principle.
(Consolidated performance) ・Net sales
Net sales were ¥35,058 million (up 30.8% year on year). This is due to the growth in toy shipments compared to the same period of the previous fiscal year amid various restrictions, while there are concerns about the lingering effect of the trend of restrictions on consumers' outings in the retail business and the event business.
The Group launched toys related to "SHINKALION Z," which is the second season of the TV animation series that started airing in April 2021, and they have been well received. For LICCA series, LICCA dolls and "LICCA with smoke and sizzle, lively barbecue" were especially popular. For the trading card game DUEL MASTERS, products released toward the 20th anniversary of its release remained strong. Pokémon related toys such as "MONSTER COLLECTION" were well received, and the popularity of the amusement machine Pokémon Mezastar increased. In addition, overseas-bound exports of TRANSFORMERS remained solid in North America and Europe.
In October 2020, the Fat Brain Group, an independent U.S. toy company, became a subsidiary of TOMY International, Inc. and has been included in the scope of consolidation.
・Profit
Operating profit was ¥2,148 million (operating loss of ¥583 million in the same period of the previous year), and ordinary profit was ¥2,144 million (ordinary loss of ¥656 million in the same period of the previous year). This was mainly attributable to steady net sales and an increase in gross profit due to improvements in the product mix, as well as the progress of expense control based on the state of the spread of COVID-19 and in-store sales. In addition, in order to make flexible and efficient use of management resources and strengthen the financial position, the TOMY Group reviewed its assets retained, and then transferred a real estate for office use, which is a non-current asset owned by TOMY (Hong Kong) Ltd., a consolidated subsidiary of the Company. An extraordinary income of ¥1,884 million was therefore recorded as a gain on transfer in the quarter period under review, resulting in a profit attributable to owners of parent of ¥3,009 million (loss attributable to owners of parent of ¥1,174 million in the same period of the previous year).
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TOMY Company Ltd. published this content on 12 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2021 07:21:02 UTC.